Top B.Com Colleges in India 2024

One of the many popular choices among commerce students is Bachelor of Commerce or B.Com. It is because B.Com comprises subjects that will help in gaining knowledge related to commerce and entrepreneurship. As an undergraduate degree in commerce, the basic focus is to build the accounting and finance concept. However, there are many areas of specialization that a student can exercise choices such as Economics, Banking, Marketing, Law, Tax, and so on. This article will mainly focus on top B.Com colleges in India including their rankings, admission process, placements, etc. 

What is BCom degree?

BCom full form is Bachelor of Applied Commerce. It’s a three-year undergraduate professional course that covers commerce and other related subjects. B.Com is accredited by the University Grants Commission (UGC), giving students many managerial abilities along with knowledge about finance, accounting, taxation and management.

To be eligible for the BCom admission, you should have passed the 12th standard in any stream with at least 50 percent marks. Normally, admission is given based on merit and entrance exam basis but private colleges might allow direct entry.

The subjects in B.Com syllabus consist of accounts, economics, maths, company law, marketing, IT, tax and banking. The course is divided into six semesters with specialisation provided by few institutions. The best colleges for B Com are Shri Ram College of Commerce, Hindu College, Ramjas College and Loyola College among others. The course fees vary from INR 10,000 to INR 2,00,000 per year.

After finishing the course successfully students can start BCom jobs such as finance managers, accountants, tax consultants, etc. along with an average B.Com salary ranging from INR 6 LPA to INR 20 LPA.

BCom Course Highlights

It is imperative for candidates to be aware of the cardinal points related to the BCom course and the highlights section mentioned below will display an overview of all the important information related to the course.

Particulars Details
Course Name BCom or Bachelor of Commerce
Degree Type Undergraduate
Duration Three years
Entrance Exams CUET, NMIMS NPAT, SET, AIMA UGAT, etc. 
Eligibility Criteria Passed class 12th from a recognized school board with at least 50 - 55% aggregate marks
Admission Process Direct admission/ Merit based admission/ Entrance exam based admission
Course Fees INR 10,000 to INR 1,50,000
Average Salary INR 2,50,000 - INR 4,00,000
Job profiles Financial Analyst, Accountant, Auditor, Tax Consultant, Business Development Executive, Human Resources Manager, etc.
Top recruiters HDFC Bank, ICICI Bank, Axis Bank, Amazon India, Flipkart, Deloitte, KPMG, PwC, EY, Tata Consultancy Services (TCS), etc.

B Com Course Highlights

Why Study BCom?

Here are some strong reasons behind why BCom course could be a perfect career choice for you:

  • Firstly, it prepares you for highly sought-after skills such as accounting, finance and analysis that can give so much value to your life in many high paying careers. Think of working in a bank, as a consultant or you just establish your business.
  • Second, B.Com is incredibly versatile. It is a key that unlocks a variety of opportunities – from managing and marketing to working on human resources, or tax issues.
  • Lastly, B Com serves as a good platform to further your studies for advanced business courses. After this base an MBA or a Masters programme will be easier to undertake; these types of courses can take your career up yet another level.

Choosing a B.Com degree can also enhance your critical thinking skills, calculation capabilities, and increase your overall knowledge in finance, accounting, and taxation. Thus, preparing you for high-paying in-demand jobs across the world.

Who should pursue BCom?

You can consider pursuing a BCom degree if you need the following:

  • Quantitative Aptitude: Love working with numbers, data analysis, and financial details.
  • Business Acumen: Show knowledge of business basics, markets, and economics.
  • Analytical Mind: Excel in solving problems, logical reasoning, and finding strategic solutions.
  • Communication Skills: Have strong written and verbal communication skills to present ideas well.
  • Tech Savvy: Embrace technology and envision its possibility in changing business processes.
  • Global Perspective: Are keen on international trade and are aware of interdependence of economies.
  • Leadership Potential: Be self-motivated, a team player and be interested in influencing positive change.

Why Choose B Com?

B.Com Course Eligibility Criteria

Candidates must check the eligibility conditions to confirm they can apply for the BCom course. Below are the listed criteria that applicants should fulfill:

  • Candidates must have completed their class 12th from a recognized school board.
  • Admission does not have a specific age limit. People from any age group, regardless of gender or community background, are frequently accepted.
  • People who have finished class 12th from any stream can apply for the B Com course.
  • Getting a minimum aggregate of 50% or above in class 12th is also applicable for admission to various B.Com courses in different colleges.

B.Com Subjects

Various universities have B.Com courses that are alike, with a shared group of subjects which aim to give students a full grasp of the degree. These classes intend to ready the students for their study path by showing them what topics they will learn about. The B Com course includes many different subjects, spread out over three years. In the BCom syllabus, you will find topics like Corporate Taxation, Finance Law, Economics and Accounting among others.

B Com Syllabus is divided into 6 semesters spread across 3 years involving major B.Com Subjects like Financial Accounting, Cost Accounting, Business Laws, Organisational Behaviour, Cost Accounting, etc. Candidates can check the general BCom subjects and syllabus as mentioned below:

Semester Core Subjects Elective Subjects
Semester 1 - Financial Accounting I - Business Management Principles - Economics I - Business Mathematics & Statistics - Language (English/Hindi) - Environmental Studies - Additional Language
Semester 2 - Financial Accounting II - Business Laws - Economics II - Organisational Behavior - Computer Applications in Business - Communication Skills - Personality Development
Semester 3 - Cost Accounting - Income Tax Law & Practice - Macroeconomics - Marketing Management - Elective I - Entrepreneurship Development - Human Resource Management
Semester 4 - Advanced Financial Accounting - Auditing - Microeconomics - Financial Management - Elective II - Banking & Insurance - Operations Management
Semester 5 - Corporate Accounting - Taxation (Direct & Indirect) - Indian Economy - Management Accounting - Elective III - International Business - Business Ethics & Social Responsibility
Semester 6 - Project Work/Dissertation - Elective IV - Elective V - Elective VI - Open Electives (Can choose from a wider range of subjects)

BCom Course Comparison

In this section we will compare the BCom course with other popular courses like B.Com Hons, BBA, and BCA. This comparison will allow you to gain more knowledge about each course and which one would be your best bet.

BCom vs BCom Hons

It is important for students to know the difference between B Com and B.Com (Hons) before applying for admission. Below is a table comparing the two courses:

Particulars B Com B Com Hons
Full Form Bachelor of Commerce Bachelor of Commerce Honours
Duration 3 years 3 years
Focus General overview of commerce subjects like accounting, taxation, economics, etc. In-depth study and specialisation in a chosen field or subject area (honours specialisation) with more focus on practical applications
Specialisation Usually no specific specialisation Allows for specialisation in a particular subject, such as accounting, finance, economics, etc.
Curriculum Broad and covers various commerce subjects More rigorous and in-depth, with a focus on the chosen honours subject
Research Emphasis Limited research component Emphasises research, projects, and practical application of knowledge
Admission Criteria Typically based on merit or entrance exams Often requires higher academic performance for admission into honours program through entrance exams
Career Opportunities Broad range of career options in commerce-related fields Potential for more specialised and advanced career opportunities due to in-depth knowledge
Postgraduate Studies Can pursue postgraduate studies after completion Offers a strong foundation for pursuing advanced studies in the same field
Salary Rs. 2,50,000 - Rs. 4,00,000 Rs. 3,50,000 - Rs. 6,00,000

BCom vs BBA

The choice between BBA and B.Com is a challenge for many commerce students. Briefly put, BCom has a greater range of employment options than BBA, while the Bachelor of Business Administration degree places more emphasis on a general curriculum that includes Finance, Marketing, and Human Resource as well as Management Information System; BCom degree gives students an in-depth understanding of Accounting, Administration, Finance, and Economics. Get to know the difference between the two degrees mentioned in the table below and find which is a better option after 12 for you, BBA vs BCom.

Particulars

BCom

BBA

Course Domain It is a Commerce related degree programme including the major topics like accounting, taxation, economics, and finance It is more of a business related degree course.
Teaching Methodology Theory Based Theory + Practical
Course Type It is a conventional course It is a professional course
Subjects Type Based on numbers and mathematical skills Subjects are closely related to business administration, business management, and alike.
Skill Development Focuses mainly on analytical skills, accounting skills Focuses on development of management and leadership skills
Job Opportunities Accountant, Investment Banker, Accounts Manager, etc. Sales Executive, Marketing Manager, Customer Relationship Manager, Human Resource Executive, etc.
Starting Average Annual Salary Rs. 2,00,000 - INR 3,50,000 Rs. 2,50,000 - INR 4,00,000

BCom vs BCA

BCA is more for students who have an interest in software development and programming, while B.Com suits those with a career aim towards commerce, finance and business domains. BCA gives you solid coding abilities, whereas B.Com provides a balanced blend of business basics along with IT knowledge. Select one course as per your interests and career objectives.

Parameter B Com BCA
Course Type Undergraduate commerce degree course with a specialisation in IT Undergraduate technical course focused solely on computer applications
Focus Provides a balanced mix of subjects from commerce and IT domains Concentrates exclusively on developing strong programming and coding abilities
Eligibility 10+2 or equivalent exam from any recognized board with subjects like English, Mathematics/Statistics, and any commerce stream subject 10+2 or equivalent exam from any recognized board with subjects like English, Mathematics/Statistics, Physics, and Computer Science
Entrance Examination CUET, NPAT, Institution-level entrance examinations State CETs, CUET, SET, Institution-level entrance examinations
Duration 3-year course 3-year course
Career Interests Suitable for students interested in the business side of technology, such as e-commerce, finance, or software development Suitable for students interested in software development, network administration, or IT management
Skills Balanced business and IT skills Strong programming and coding skills
Employability Job prospects in commerce, finance, and tech domains Job prospects in core IT domains
New-age Skills Focus on emerging tech like AI, cloud, and blockchain Focus on developing strong coding abilities
Higher Education Can pursue Master’s in Commerce, Business Administration, Computer Applications, or related fields Can pursue Master’s in Computer Science or related fields
Recruiters Banks, insurance companies, financial institutions, consulting firms, e-commerce companies, tech companies IT services, product companies, startups, digital marketing firms, staffing firms, tech MNCs, e-commerce companies
Job Prospects Accounting, finance, business management, e-commerce, software development Software development, network administration, IT management, programming, coding
Starting Salary (per annum) INR 3,00,000 - INR 5,00,000 INR 3,50,000 - INR 6,50,000

BCom Specialisations

A lot of institutes in India have started offering BCom specialisations in the form of optional subjects which cater to interests of various students, thus, helping them gain deeper knowledge in their chosen subject during their B.Com degree. Here are some of the best B Com specialisations that you can choose from and don’t forget to check their career scope as well:

Specialisation

Description

Professional Scope

Accounts & Finance In-depth knowledge of accounting and finance practices, financial management, and business management. High-paying job profiles in commercial fields, top MNCs, and financial services sector.
Law Combination of commerce and law fields, providing knowledge of legal aspects of business. Career opportunities in legal departments of finance-related firms and top corporations.
Business Analytics Analytical tools for digital transformation of business, data processing techniques, and methodologies. High packages in the financial services sector and top MNCs.
Auditing & Taxation Technicalities of taxation, accounting, finance, and auditing, with a focus on the Indian Tax System. Top-paying courses, high salary packages, and career opportunities in the financial services sector.
Statistics Mastering basic to advanced levels of statistical concepts, including data analysis and interpretation. Expertise in data processing, high salary packages, and career opportunities in multiple sectors.
International Business Understanding of global financial management, export/import procedures, and global business trends. Ideal fit for top MNCs, high salary packages, and career opportunities in international business.
Investment Management Foundation in banking, broking, funds management, consulting, insurance, and superannuation. High demand for investment management professionals, high salary packages, and career opportunities in top-notch firms.
Banking & Insurance Knowledge of banking, insurance, risk coverage, and financial tools. High salary packages, career opportunities in banking, insurance, and financial services sectors.
Banking & Finance Understanding of banking, economics, business management, accounting, and finance. Career opportunities in banking, finance, insurance, auditing, or accountancy, with high salary packages.
E-commerce Digital trading practices, commercial accounting, taxation, programming, and management. High salary packages, career opportunities in e-commerce, and future of business.
Financial Market Trading financial securities, including stocks, bonds, and foreign exchange markets. Career opportunities in the financial field, high salary packages, and job security.

Best Type of B.Com Course

Students mostly prefer regular BCom course because it’s the best type of B Com course in India because there’s classroom interaction, doubt clearing, and a better understanding of the topics due to face to face interactions. However, students also prefer distance b.com if they don’t have time to attend regular classes due to their professional work or competitive preparations. Here we have listed some of the best types of BCom courses that you can choose from based on your personal interests and educational goals:

Type of B.Com Course

Description

Benefits

Drawbacks

Regular B.Com Traditional on-campus course

- Face-to-face interaction with faculty and peers

- Access to university resources and facilities

- Structured learning environment

- Limited flexibility in scheduling

- Higher costs compared to distance or online options

Distance B.Com Online or correspondence course

- Flexibility in scheduling and location

- Low costs compared to regular course

- Self-paced learning along with live online interactions with faculties on selected days

- Limited interaction with faculty and peers

- Technical issues with online platforms

Online B.Com Fully online course

- Flexibility in scheduling and location

- Lower costs compared to regular course

- Self-paced learning

- No faculty and peers interaction

- Technical issues with online platforms

- Limited access to university resources and facilities

Top B.Com Government Colleges

A few of the top government B Com colleges in India as per the NIRF ranking 2023 are as follows: 

Institute Name NIRF Ranking 2023
Hindu College, Delhi 2
Presidency College, Chennai 3
Atma Ram Sanatan Dharm College, New Delhi 6
Kirori Mal College, Delhi 9
Lady Shri Ram College 9
Thiagarajar College, Madurai 18
V.O. Chidambaram College 27
Daulat Ram College 28

Top Private Colleges for B.Com

A few of the top private BCom colleges in India as per the NIRF ranking 2023 are as follows: 

Institute Name NIRF Ranking 2023
Amrita Vishwa Vidyapeetham 15
Manipal academy of Higher Education 16 (Overall)
Presidency college, Chennai 3
PSGR Krishnammal College for Women 4
St. Xavier`s College, Kolkata 5
Loyola College, Chennai 7
Madras Christian College, Chennai 16 (in Colleges)
PSG College of Arts and Science 20

Top Colleges Offering Direct Admission in B Com

Here’s the list of institutes offering direct admission to their BCom courses based on class 12th scores: 

Colleges/ Universities Average Fee
Stella Maris College INR 29,645
Poornima University, Jaipur INR 45,000
Mumbai University INR 3,680
Mahatma Gandhi University INR 19,720
Madras Christian College -
Loyola College INR 76,000
IGNOU New Delhi INR 4,000
Hemchandracharya North, Gujarat University INR 13,110
Gujarat University INR 11,500
Bangalore Institute of Management Studies, Karnataka INR 50,000
Amity University INR 3,00,000
AIMS Institutes INR 1,49,000

B Com Careers: Jobs, Salary, & Top Recruiters

After completing the B Com course, the graduates have several avenues in terms of the career path available to them. Among the range of career paths available one may consider accounting, finance, banking, publicity, human resources, and management. Some of the roles the graduates might consider to work as accountants, financial analysts, investment banks, marketing directors, HR experts or business consultants.
Additionally to the above, graduates of the BCom. course also may utilise their skills to pursue a career in government agencies, NGOs as well as start-ups.

There is an option of higher studies, for example, M Com (Master of Commerce), MBA, and various professional certificates including CA, CFA, and CS to gain lucrative career pathways. In addition, the current trend toward hiring workers with specialised skills causes B Com graduates to consider positions in e-commerce, data analytics, and digital marketing. With that said, the B.Com degree remains the basic requirement for various career options while also offering great career growth prospects for business oriented professionals.

B Com Jobs and Salary

A few of the best career options after BCom along with their salaries are given in the table below:

Job Profiles Average Salary Range (per annum)
Accountant INR 2,50,000 - INR 6,00,000
Financial Analyst INR 3,00,000 - INR 8,00,000
Auditor INR 3,00,000 - INR 7,00,000
Tax Consultant INR 3,50,000 - INR 8,50,000
Business Analyst INR 4,00,000 - INR 10,00,000
Investment Analyst INR 4,50,000 - INR 12,00,000
Sales Executive INR 2,50,000 - INR 7,00,000
Marketing Coordinator INR 3,00,000 - INR 7,50,000
Human Resources Officer INR 3,00,000 - INR 6,50,000
Banking Officer INR 3,50,000 - INR 8,00,000
Supply Chain Manager INR 4,50,000 - INR 10,00,000

Also Read:List of Top Government Jobs After B.Com - Explore Your Options

BCom Recruiters 

In this section, we have listed some of the top B.Com recruiters in India and Abroad for your reference:

In India:

Hindustan Unilever
Nestle 
ITC
PepsiCo
Coca-Cola
Amazon
Flipkart
HSBC 
JP Morgan Chase
Maruti Suzuki
Larsen & Toubro, etc.

In Abroad:

EY
KPMG
PwC
Deloitte
Amazon
Facebook
JP Morgan Chase
HSBC
Shell
Unilever, etc.

Courses After BCom

The choice of various courses after B Com depends on what the students want to do after they have finished their studies. Some of the popular options that BCom graduates choose to study are mentioned below:
Masters of Commerce (M.Com): A postgraduate qualification course that takes a period of two years and trains graduates in specialisations in accounting, economics, business, finance, taxation, statistics, management and marketing.
Digital Marketing: A course that takes a short amount of time to cover marketing that is done online using SEO, SEM, SMM, page, email, content, and other related marketing strategies.
Company Secretary (CS): A corporate governance course that enhances students marketability to secure a top paying job in corporate world careers.
MBA: A postgraduate course usually taking one to two years which specialises in areas such as Marketing and HRM as well as finance and others.
Finance: One of the specific courses that teaches students more about financial markets, investments and the trends within the economy.

Also Read: Best Courses After 12th for Commerce Students

Online B.Com Courses

Here are some of the top providers for online B.Com courses in India:

Type of Online B Com Course

Providers

Online B.Com Indira Gandhi National Open University (IGNOU), Symbiosis Centre for Distance Learning (SCDL), Amity University Online, University of Madras - Institute of Distance Education (IDE)
Online B Com with Specialisations The NorthCap University, Gurgaon, Kurukshetra University, Lovely Professional University, Phagwara, Graphic Era University, Dehradun
Online B.Com with Government Colleges Periyar University, KUK Kurukshetra, Andhra University, Visakhapatnam
Online B Com with Private Colleges Datta Meghe Institute of Higher Education and Research, Wardha, Kalasalingam Academy of Research and Education, Virudhunagar, MRIIRS Faridabad

An online B Com is a 3-year undergraduate course in Commerce where all you need is a computer and the internet and you don’t have to go all the way to your professor to get knowledge.

Teachers, for instance, with the most experience, tend to go for voice-overs to teach concepts in videos. They then give students, an opportunity to interact through both the prerecorded sessions and live classes.

Most course tutors have recently began to accept that interactive tools have an impact on student performance since they mimic different learning styles. Tools using pictures, simulations as well as case studies have therefore become true assets in the classroom.

Online B.Com courses have special benefits as well as same advantages that regular degree programs exhibit and the curricula covers a broad range of subjects including accounting, finance, macroeconomics, microeconomics, business law and management skills in general.

A few of the major benefits of online B Com courses include the following:

  • Study when it suits you best, balancing your learning with job or private life responsibilities.
  • Overcome geographical limitations and access programs from prestigious universities worldwide.
  • Gaining skill in internet education platforms and electronic messaging is more and more appreciated at work nowadays.
  • Avoid expenses associated with on-campus living and transportation.
  • Before you decide on this path, think about how you like to learn because studying B.Com online can be challenging with needing self-control, dealing with distractions and keeping your motivation up.

BCom Course in Abroad

BCom is also very popular abroad due to growing demand for accountants, data scientists, tax consultants, etc. Check out some of the popular institutions and country offering B Com courses  abroad:

Country

Institution

Tuition Fee (INR)

Rank

USA Harvard University 35,54,730 1
USA MIT 36,57,000 2
USA Stanford University 13,32,500 3
UK London School of Economics and Political Science 19,62,800 4
UK University of Oxford 33,27,800 5

If you are planning to pursue BCom from abroad then you must take a look at the rough estimates that will cost to study the course in a foreign location:

Expense

Cost (INR)

Visa Application 6,347
IELTS/ TOEFL 12,000 - 20,000
GMAT/ GRE 10,000 - 20,000
Travel 1,05,000

What are BCom Subjects?

BCom subjects are a mix of Economics, Business, Human Resources, Accounting and Management topics. BCom course covers subjects like Financial Accounting, Business Economics and English along with specialised ones such as e-commerce, Corporate Accounting, International Business, Tourism Management, etc. The BCom subjects are divided into six semesters and cover a wide range of topics to provide you with the right knowledge about the Commerce field. 

BCom Syllabus and Subjects Highlights

Below is a table that provides you with an overview of key points related to the Bachelor of Commerce syllabus:

Particulars Details
Course Name BCom or Bachelor of Commerce
Duration Typically 3 years
Total No. of semesters 6 semesters
No. of Subjects per semester 5 to 7 subjects per semester (varies according to the type of institution and their curriculum structure)
Exam Type  Semester-based
Eligibility 10+2 or its equivalent with a minimum specified percentage 
(generally between 45% - 50%)
Objective To prepare candidates for a career in teaching at the primary level
Core Subjects 1. Accounting
- 2. Business Law
- 3. Economics
- 4. Business Communication
- 5. Financial Management
Optional Subjects 1. Marketing
- 2. Human Resource Management
- 3. Entrepreneurship
- 4. Banking and Insurance
- 5. Taxation
Specialisations Finance
- Marketing
- Human Resource Management
- Accounting
Internships Practical Training in Accounting Firms or Corporates, Financial Institutions, or Business Consultancies
Assessments Semester Examinations, Projects and Presentations, Internship Reports and Evaluations, and Practical Assessments (if any)

List of BCom Courses

Below listed are some subjects that are available as a specialisation for regular BCom students. These are also available for BCom Hons students.

List of BCom Courses

  • Accounting and Finance
  • Banking and Insurance
  • Financial Markets
  • International Finance
  • Bank Management
  • Computer Applications
  • E-Commerce
  • Foreign Trade Management
  • Investment Management
  • Portfolio Management
  • Taxation
  • Marketing
  • Office Management
  • Corporate Secretaryship
  • Logistics and Supply Chain Management
  • Advertising
  • Economics and Finance
  • Statistics
  • Actuarial Science

List of BCom Subjects for 1st Year 2024

Below listed are some of the common subjects as per the UGC curriculum guidelines that are included in the BCom 1st year syllabus 2024:

Subjects in BCom 1st Semester:

Financial Accounting
Business Economics
Business Mathematics
Business Regulatory Framework
Business Communication
Environmental Studies

Subjects in BCom 2nd Semester:

Corporate Accounting
Indian Financial System
Business Statistics
Fundamentals of Entrepreneurship
Principles of Management
Business Law

In addition to these, some colleges also include the following subjects in the BCom 1st year Syllabus:

  • Company Law
  • Cost and Management Accounting
  • E-Commerce
  • Introduction to Marketing

BCom 1st year syllabus mainly concentrates on building basic understanding in areas like accounting, economics, mathematics and how businesses are managed. The course also starts teaching students about rules that govern business activities. From as early as their initial semester; subjects such as E-Commerce incorporate IT and digital skills. Some minor variations in subject names or sequencing across various colleges affiliated with the University may exist; however, the above list includes a selection of core and common BCom 1st year subjects according to current UGC curriculum norms.

Semester-Wise BCom Subjects 2nd Year

When a candidate gets to the second year of BCom, the subject list updates to the following topics.

3rd Semester BCom Subjects 

In the third semester of BCom, candidates are exposed to corporate accounting topics, how to manage marketing, maths related to business, the Indian banking system in detail, economics, and auditing basics. Consequently, it makes up the following subjects to study:

  • Corporate Accounting - 2
  • Marketing Management
  • Business Mathematics - 2
  • Indian Banking System
  • Business Economics - 2
  • Fundamentals of Auditing

4th Semester BCom Subjects

In the 4th semester or the 2nd year of BCom, candidates come across the basics of income tax, cost accounting, industrial laws, financial services, etc. They get to know what management accounting has in store for them and the second advanced part of business statistics.

  • Fundamentals of Income Tax
  • Fundamentals of Cost Accounting
  • Industrial Laws
  • Introduction to Financial Services
  • Management Accounting
  • Business Statistics - 2

Additional Subjects:

The BCom subjects list does not stop above. Its base expands to the following subjects as well:

  • Goods & Services Tax (GST)
  • Fundamentals of Financial Management
  • Computer Applications in Business

There may be minor variations in the names of subjects or the number of subjects at different universities. However, the purpose of this course at each university or college is to develop advanced theoretical and practical knowledge in accounting, taxation, regulatory, and management aspects of business.

BCom Subjects for Third Year 2024

All those candidates who wish to know what they will learn when they reach the third year of BCom should check out the following BCom syllabus PDF 2024:

5th Semester BCom Subjects

The 5th semester of BCom advances students to another level by providing insights into auditing practices, corporate tax planning, CMA, GST, and the Indian financial system working. It also helps shape their career choices. 

  • Auditing
  • Corporate Tax Planning
  • Cost & Management Accounting
  • Entrepreneurship Development
  • Goods & Services Tax
  • Indian Financial System

6th Semester BCom Subjects 

The last semester of BCom allows students to set their minds on the career they want to choose with complete insights into the commerce field. From accounting standards and business policies to corporate laws, financial management, and e-commerce, there’s everything in this semester. Some universities also provide project work or internship opportunities. 

  • Accounting Standards
  • Business Policy & Strategic Management
  • Corporate Law
  • E-Commerce & Digital Transformation
  • Financial Management & Policy
  • Project Work/ Internship

Additional Subjects

More subjects that may be a part of your BCom journey include the following. These subjects will be helpful in the banking, financial, HR, and investments sectors, and corporate governance fields.

  • Banking Law and Operations
  • Corporate Governance
  • Financial Markets & Institutions
  • Fundamentals of Investment
  • Human Resource Management

BCom 1st Year Syllabus

BCom 1st year Syllabus is divided into two semesters: Semester I and Semester II. While both semesters cover similar topics, Semester II provides a more detailed exploration of the subjects. BCom Subjects in the first year include Environmental Studies, Financial Accounting, Business Organisation and Management, Business Computing (IT), Principles of Microeconomics, and New Venture Planning, among others.

Semester 1 Semester 2
Financial Accounting Language: English/ Hindi/ Modern Indian Language
Environmental Studies Business Law
English Language Hindi/ Modern Indian Language
Business Organisation and Management Business Mathematics and Statistics

BCom Semester I Subjects

Environmental Studies: This BCom Subject encompasses a multidisciplinary approach, integrating elements of physics, commerce, economics, and humanities to address fundamental environmental challenges.

Financial Accounting: Financial Accounting is a vital topic within BCom Subjects that falls under the accounting umbrella, focusing on the analysis, reporting, and summarisation of financial transactions related to businesses. This includes the preparation of financial statements intended for public consumption.

Business Organisation and Management: When we mention BCom Subjects a business organisation means an entity formed for the function of doing commercial business. The form and administration of such entities are guided by a set of the laws incorporating the principles of contract and exchange, property rights and incorporation.

BCom Semester II Subjects 

Business Law: BCom Subjects of Business Law encompasses two key areas: regulation of commercial entities through corporate and partnership law, through agency and bankruptcy law as well as regulation of commercial transactions through contract and related areas of law.

Business Mathematics and Statistics:  The subject of business mathematics, especially the financial part of it, is all about profit and loss calculations. Ascertaining the price tag of a product by working through the calculation of profit, margin, cash discount, and trade discount is critical for businesses. Some commercial enterprises utilise business mathematics to let them manage and record their business operations efficiently.

BCom 2nd Year Syllabus

BCom 2nd year Syllabus is a comprehensive course that covers important aspects of management fundamentals, company law, the financial banking system and basic concepts of cost accounting. During the fourth semester, the curriculum is divided into two categories: Group A and Group B. Group A includes seven compulsory subjects, while Group B involves two obligatory subjects.

Semester 3 Semester 4
Income Tax Law and Practice Corporate Accounting
Hindi/ Modern Indian Language Cost Accounting
Computer Applications in Business E-Commerce
Company Law Business Communication (English/ Hindi)

BCom Semester III Subjects

Company Law: In BCom subjects, Company Law plays a prominent role as it has become a crucial aspect of corporate legal procedures. This area involves the various aspects of administration, organisation or operations within organisations. Along with this, Studies of Competition Law will always be interconnected with this field.

Income Tax Law: The Income Tax Law, which is guided by the 1961 Income Tax Act, is a flagship course in BCom subjects. The study of Income Tax Law in BCom covers the 14 sections and 298 sub-sections of this section in a detailed manner. This subject constitutes the calculation of a taxpayer’s taxable income, the tax due on that income, the allowed appeals process, and the possible penalties for failure to pay taxes.

Computer Applications in Business: Computer applications in business BCom subject deals with the integration of computer technology into decision-making process and problem-solving processes. Students will master the skills associated with advanced word processing, spreadsheets, and presentation programs. This preparation hands off to them the know-how required to acquire the industry-level certifications.

BCom Semester IV Subjects

Corporate Accounting: Corporate Accounting is the basic content of BCom subjects, covering financial elements in business settings. This advocates a variety of financial services and transactions. And for further knowledge, one can explore Financial Accounting-related courses and the BCom 2nd year accounts syllabus.

Cost Accounting: It’s a BCom subject that comes under managerial accounting, and is an important aspect of the course. Its main task is to develop a detailed production cost analysis. It includes a diligent classification of variable costs gained at different production phases and fixed expenses like lease payments.

E-Commerce: Also known as Electronic Commerce, it is a crucial BCom subject in the syllabus. It refers to a form of purchasing and selling goods and services as well as transferring funds and data via electronic networks such as the Internet generally. This influence happens in different ways, such as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer, and consumer-to-business transactions.

BCom 3rd Year Syllabus

BCom 5th semester includes a total of 6 subjects. Of these five are compulsory, and the sixth elective subject is chosen from one of the four optional ones.

The BCom 3rd year syllabus 2024 semester 5 has a total of six subjects, five of which are mandatory. For the last topic, it will be taken from the four optional topics. Among the notable features of the Accountancy course is the inclusion of an advanced accountancy paper-I. Similarly, the subject of economics includes international economics.

Semester 5 Semester 6
Principles of Microeconomics Fundamentals of Investment
Principles of Marketing Banking and Insurance
Indirect Tax Law International Business
Human Resource Management Corporate Tax Planning
Fundamentals of Financial Management Computerised Accounting System
Entrepreneurship Office Management and Secretarial Practice
Auditing and Corporate Governance Management Accounting
- Consumer Protection
- Personal Selling and Salesmanship
- Indian Economy

BCom Semester V Subjects

Principles of Marketing: Companies apply a core of marketing fundamentals, which are commonly known as the 4Ps or the 4P Marketing Framework, to come up with their marketing strategies. These four basic marketing principles—Product, Price, Place, and Promotion—are mutually supporting and they all collaborate as an integrated unit. They all collectively make up the Marketing Mix.

Principles of Microeconomics: Human behaviour in economic or financial settings is known to be forecasted with a framework used as a foundation in microeconomics, and known as principles of microeconomics. These principles embody fundamental notions such as the law of supply and demand, trade-offs, and the quest for utility maximisation. In addition, businesses can also gain from microeconomics.

BCom Semester VI Subjects

International Business: International business refers to any commercial activity conducted across international boundaries. Essentially, it entails the operations of a business that span international borders, involving the exchange of goods or services between different countries. For further exploration, one can consider International Business Courses.

Fundamentals of Investment: Investment is the straightforward practice of acquiring assets with the expectation of their appreciation in value. These assets can encompass a broad spectrum, ranging from real estate, businesses, and houses to financial instruments like savings accounts or certificates of deposit (CDs) offered by banks or credit unions.

BCom Subjects in Detail

Here are some details about the major BCom subjects and their practical use in the business world:

Financial Accounting

It is a base for accounting and deals with accounting for business transactions, cash/ bank balances, preparing balance sheets, and profit & loss statements. It aids financial record keeping and the generation of financial statements used for decision-making by businesses.

Corporate Accounting 

Accounting is done in companies on issuance of securities, corporate restructuring, acquisitions as well as reporting of cash flows. Brings about It involves compliance with corporate laws and financial reporting standards by the organisations. Key for corporate finance roles.

Cost and Management Accounting 

Includes costing methods, budgeting and profitability analysis. Helps companies in inventory valuation, pricing decisions, and cost optimisation which are critical for managing profits and cash flows. Key for management accountants.

Income Tax Law 

Involves computation of tax liabilities, allowable deductions and exemptions for individuals and corporations as per tax statutes. Valuable for accounting and auditing practitioners dealing with taxation issues of their clients. Important from both reputational and financial management angles. 

Auditing 

Auditing skills help to conduct internal audits and verify the genuineness of organisations’ financial statements. It improves transparency, governance and internal controls. Valuable for auditors and finance controllers.

BCom Distance Education Syllabus

In India, BCom Distance Education courses offer a chance for individuals to get a university education even when they are not able to join usual classes at the campus. This could be due to their work commitments, living distance from universities or having responsibilities towards their family. Open universities and other institutions that provide courses by mail deliver these educational chances across the whole country.

The BCom Distance Syllabus covers various subjects like account finance, costing of keeping accounts, the study of the economy, ways to do marketing well, how to handle companies or groups and knowing about taxes. Students have choices among different extra subjects that let them tailor their education based on their interests and where they envision their work life ahead.

The following table indicates a sample outline of the BCom Distance Syllabus. The course content could essentially be different from one university or school to another providing the same course.

BCom Distance Education 1st Year Syllabus

Semester 1

Subjects Topics Covered
1. Financial Accounting Introduction to Accounting Principles
- Accounting Equations and Transactions
- Preparation of Financial Statements
2. Business Communication Basics of Communication
- Written Communication Skills
- Oral Communication and Presentation Skills
3. Business Mathematics Arithmetic and Algebraic Concepts
- Calculus and Differential Equations
- Statistics and Probability
4. Business Economics Microeconomics Principles
- Macroeconomic Concepts
- Economic Policies and Applications

Semester 2

Subjects Topics Covered
1. Cost Accounting Cost Concepts and Classifications
- Cost-Volume-Profit Analysis
- Budgeting and Cost Control
2. Business Law Indian Contract Act and Sale of Goods Act
- Company Law and Consumer Protection Act
3. Business Statistics Descriptive Statistics and Data Presentation
- Inferential Statistics and Hypothesis Testing
- Regression Analysis and Time Series Analysis
4. Principles of Management Evolution of Management Thought
- Planning, Organising, and Controlling
- Leadership, Motivation, and Decision Making

BCom Distance Education 2nd Year Syllabus

Semester 3

Subjects Topics Covered
1. Income Tax Income Tax Act and Provisions
- Income Computation and Deductions
- Tax Planning and Returns Filing
2. Financial Management Capital Budgeting and Risk Analysis
- Working Capital Management
- Sources of Finance and Dividend Policy
3. Marketing Management - Marketing Mix and Market Segmentation
- Marketing Research and Consumer Behaviour
- Marketing Strategies and Brand Management

Semester 4

Subjects Topics Covered
1. Corporate Accounting - Accounting for Companies and Advanced Accounting Principles
- Preparation of Cash Flow Statements
- Accounting Standards and Consolidation
2. Business Environment Economic Reforms and Globalization
- Environmental and Legal Aspects of Business
- Ethics and Corporate Social Responsibility
3. E-Commerce Introduction to E-Commerce and E-Business
- E-Commerce Security and Payment Systems

BCom Distance Education 3rd Year Syllabus


Semester 5

Subjects Topics Covered
1. International Business Introduction to International Business
- Global Trade Theories and International Marketing
- Multinational Corporations and Foreign Exchange Management
2. Business Ethics and Corporate Social Responsibility Ethics in Business and Corporate Governance
- CSR Practices and Sustainability
- Business Ethics in the Digital Age
3. Elective Subject 1 (Choose One) Options may include topics like:
- Financial Markets and Services
- Retail Management
- Entrepreneurship Development
- Tax Planning and Management

Semester 6

Subjects Topics Covered
1. Financial Markets and Services Capital Markets and Financial Instruments
- Banking Operations and Risk Management
- Mutual Funds and Insurance Services
2. Project Work (or) Internship Practical application of knowledge gained throughout the program.
- May involve research, project report, or internship with a company.
3. Elective Subject 2 (Choose One) Options may include topics like:
- Investment Analysis and Portfolio Management
- Management of Information Systems
- International Finance
- Strategic Marketing Management

However, please note that specific curriculum with regards to elective subjects may differ based on the university or institution offering the BCom Distance Education course. Students are invited to consult their university's curriculum for the most recent and accurate information.

BCom Entrance Exam Syllabus

Here's the BCom entrance exam syllabus which covers common subjects that are seen in most BCom entrance exams across India:

Subjects Topics Covered
1. Quantitative Aptitude Arithmetic: Number systems, Percentages, Profit and Loss, Simple and Compound Interest, Ratio and Proportion, Time, Speed, and Distance, Time and Work, Averages.
- Algebra: Basic algebraic identities, Linear equations, Quadratic equations, Polynomials, Arithmetic Progressions, Geometric Progressions.
- Geometry: Lines and angles, Triangles, Quadrilaterals, Circles, Mensuration.
- Data Interpretation: Tables, Pie charts, Bar graphs, Line graphs.
2. General Awareness Current Affairs: National and international news, sports, awards, and honours.
- Indian Economy: Basic economic concepts, Indian economic history, Economic Planning, Budget and Fiscal policy.
- General Knowledge: Geography, History, Science, Politics, Famous personalities.
3. English Language Reading Comprehension: Understanding passages and answering questions based on them.
- Grammar: Sentence correction, Error spotting, Synonyms, Antonyms, Vocabulary.
- Verbal Ability: Para-jumbles, Fill in the blanks, Analogies.
4. Logical Reasoning Deductive and Inductive Reasoning: Syllogisms, Coding-decoding, Blood relations, Number series, Data sufficiency.
- Analytical Reasoning: Puzzles, Seating arrangements, Directions, Logical puzzles.
5. Accounting and Business Studies Basic Accounting Principles: Concepts of debit and credit, Journal entries, Ledger, Trial balance.
- Business Environment: Business organisations, Economic policies, Trade and Commerce.
- Business Mathematics: Percentage, Interest, Ratio and Proportion, Profit and Loss.

BCom Important Books

Below mentioned table provides some of the top B Com course books that are mostly preferred by students to clear their concepts and ace their exams:

Subjects Book Title Author(s)
Financial Accounting "Advanced Accountancy: Vol 1 & 2" S. Chand & Co. - M.C. Shukla, T.S. Grewal, and S.C. Gupta
Business Communication "Business Communication" Pearson - Meenakshi Raman and Prakash Singh
Business Mathematics "Business Mathematics" Sultan Chand & Sons - D.C. Sancheti and V.K. Kapoor
Business Economics "Microeconomics and Macroeconomics" McGraw Hill Education - D.N. Dwivedi
Cost Accounting "Cost Accounting: Principles and Practice" Sultan Chand & Sons - B. M. Lall, N. Arora, and K. L. Narang
Business Law "Business Law" McGraw Hill Education - P. C. Tulsian and Bharat Tulsian
Business Statistics "Business Statistics" Pearson - N.P. Bali
Principles of Management "Principles of Management" Pearson - P. C. Tripathi and P. N. Reddy
Income Tax "Income Tax Law and Practice" Bharat Law House - Dr. V. K. Singhania and Dr. Monica Singhania
Financial Management "Financial Management: Principles and Applications" Pearson - Prasanna Chandra
Marketing Management "Marketing Management" Pearson - Philip Kotler and Kevin Lane Keller
Human Resource Management "Human Resource Management" McGraw Hill Education - Gary Dessler
Economics "Indian Economy" McGraw Hill Education - Ramesh Singh
Information Technology "Business Data Processing" Sultan Chand & Sons - Sudhir Andrews
Banking and Insurance "Banking and Insurance" S. Chand & Co. - N. S. Toor and Arundeep Toor
International Business "International Business: Text and Cases" Pearson - Francis Cherunilam and Sumati Varma
Supply Chain Management "Supply Chain Management" McGraw Hill Education - Sunil Chopra and Peter Meindl
Taxation "Indirect Tax Laws" Taxmann - V. S. Datey and N.S. Zad

B Com Graduate Salary

A Bachelor of Commerce (B Com) graduate in India typically enjoys a promising scope in terms of salary and career opportunities. The degree equips graduates with a strong foundation in business and finance, making them suitable candidates for a variety of roles across industries. The salary prospects for B.Com graduates vary based on factors like job role, company size, location, and individual skills.

In the initial stages of their career, BCom graduates often secure entry-level positions such as accountants, data entry operators, tax assistants, and junior analysts. These roles offer a starting salary ranging from Rs. 2,50,000 to Rs. 4,50,000 per annum, with gradual increments as experience accumulates.

As B Com graduates gain experience and skills, they can move up the corporate ladder to roles like financial analysts, audit associates, business development executives, and more. These positions provide opportunities for salary growth, often reaching an average of Rs. 5,00,000 to Rs. 8,00,000 per annum.

Moreover, candidates who pursue additional certifications like Chartered Accountancy (CA), Cost and Management Accountancy (CMA), or Certified Public Accountant (CPA) can significantly boost their earning potential. Such qualifications can lead to roles like financial managers, investment analysts, and management consultants, offering salaries ranging from Rs. 8,00,000 to Rs. 15,00,000 per annum or more.

It's important to note that the salary landscape after B Com course varies across India's diverse regions. Metropolitan areas such as Mumbai, Bangalore, Delhi, and Hyderabad tend to offer higher salaries due to a higher cost of living and greater business activity. Additionally, the type of industry also affects earning potential; finance, IT, e-commerce, and consulting sectors generally offer more competitive salaries.

What is the Average Salary of a B Com Graduate?

The average salary of a B Com graduate in India can vary based on several factors including the location, industry, job role, and the individual's level of experience. On a general scale, the average starting salary for a B.Com graduate can range from around Rs 2,50,000 to Rs. 4,50,000 per annum. However, with a few years of experience and career progression, the average salary can increase to around Rs. 5,00,000 to Rs. 8,00,000 per annum.

The average annual salary for B Com graduates in various job profiles are mentioned below:

Experience Level

Average Annual Salary Range (Rs.)

Entry Level (0-2 years) 2,50,000 - 4,50,000
Mid-Level (2-5 years) 4,50,000 - 7,50,000
Experienced (5+ years) 7,50,000 - 12,00,000
With Additional Certifications (e.g., CA, CMA) 8,00,000 - 15,00,000 or more

College-wise B Com Salary

Here's an approximate salary range for B Com graduates from different colleges in India. Keep in mind that these figures can vary based on multiple factors, including the specific discipline of BCom, college reputation, location, and individual performance.

College Name

Approx. Average Annual Salary Range (Rs.)

Shri Ram College of Commerce 4,50,000 - 7,50,000
St. Xavier's College, Mumbai 4,00,000 - 6,50,000
Lady Shri Ram College 4,00,000 - 6,00,000
Loyola College, Chennai 3,50,000 - 5,50,000
Christ University, Bangalore 3,50,000 - 5,00,000
Delhi University 3,00,000 - 5,00,000
Mumbai University 3,00,000 - 5,00,000
Bangalore University 3,00,000 - 5,00,000
Pune University 3,00,000 - 4,50,000
Other Reputed Universities 2,50,000 - 4,50,000

Level of Education wise B Com Salary

Here's an approximate salary range for B Com graduates in India based on different levels of education:

Level of Education

Average Annual Salary Range (Rs.)

B Com 2,50,000 - 4,50,000
B Com (Hons) 3,00,000 - 5,00,000
B.Com + MBA/ PGDM 5,00,000 - 8,00,000
B Com + Professional Certification (e.g., CA, CMA) 6,00,000 - 10,00,000

Please note that pursuing further education such as obtaining a Chartered Accountancy (CA) or pursuing a Master's in Business Administration (MBA) can significantly impact earning potential.

Job Profile wise B Com Salary

Salaries for individuals with a Bachelor of Commerce (B Com) degree in India can vary widely depending on factors such as the job profile, industry, location, experience, and the specific company. Here's a general overview of potential salary ranges for various job profiles that B.Com graduates might pursue:

Job Profiles

Entry Level Salary (in Rs.)

Mid-Level Salary (in Rs.)

Senior Level Salary (in Rs.)

Accountant 15,000 - 25,000 25,000 - 40,000 40,000 - 60,000
Financial Analyst 20,000 - 30,000 30,000 - 50,000 50,000 - 80,000
Tax Consultant 18,000 - 28,000 28,000 - 45,000 45,000 - 70,000
Auditing Assistant 15,000 - 25,000 25,000 - 40,000 40,000 - 60,000
Banking Officer 20,000 - 30,000 30,000 - 50,000 50,000 - 80,000
Financial Planner 18,000 - 30,000 30,000 - 50,000 50,000 - 75,000
Sales Executive 12,000 - 20,000 20,000 - 35,000 35,000 - 55,000
Business Analyst 25,000 - 35,000 35,000 - 60,000 60,000 - 90,000
HR Coordinator 15,000 - 25,000 25,000 - 40,000 40,000 - 60,000
Procurement Officer 18,000 - 28,000 28,000 - 45,000 45,000 - 70,000

Please note that these salary ranges are indicative and can vary based on factors such as location (urban vs. rural), company reputation, economic conditions, and individual performance. Additionally, job titles and responsibilities can differ from one organization to another, which might affect the salary range. Always research the current market trends and consult reliable sources for the most up-to-date and accurate salary information.

Experience wise B Com Salary

The experience-wise B.Com salary is mentioned in the table below:

Experience Level

Salary Range (in Rs. per annum)

Entry Level 2,00,000 - 4,00,000
1-3 Years 3,00,000 - 6,00,000
3-5 Years 4,00,000 - 8,00,000
5-8 Years 5,00,000 - 10,00,000
8-10 Years 6,00,000 - 12,00,000
10+ Years 8,00,000 and above

These figures are meant to provide a general idea of the salary ranges that individuals with a Bachelor of Commerce degree might expect in India. Actual salaries can vary based on factors like location, industry demand, and negotiation skills. Always research the specific job market and industry trends to get the most accurate and up-to-date salary information.

Location wise B Com Salary

Here's an approximate salary range for B Com graduates in various locations across India.

Location

Average Salary Range (in Rs.)

Mumbai 3,00,000 - 6,00,000
Delhi 2,50,000 - 5,50,000
Bangalore 2,50,000 - 5,50,000
Chennai 2,00,000 - 4,50,000
Kolkata 2,00,000 - 4,00,000
Hyderabad 2,00,000 - 4,50,000
Pune 2,00,000 - 4,50,000
Ahmedabad 1,80,000 - 3,50,000
Chandigarh 1,80,000 - 3,50,000
Jaipur 1,80,000 - 3,50,000
Lucknow 1,80,000 - 3,50,000
Indore 1,80,000 - 3,50,000
Coimbatore 1,80,000 - 3,50,000
Kochi 1,80,000 - 3,50,000

Please note that these figures are approximate and can change over time. Additionally, salaries can vary significantly based on factors like experience, company reputation, job role, and the overall economic conditions. It's always a good idea to research and gather recent data specific to your desired job and location for the most accurate information.

Employment Area Wise B Com Salary

Here's an approximate salary range for B.Com graduates based on different employment areas or sectors in India. Please note that the salary ranges provided below are just general estimates and can change over time.

Employment Areas

Average Salary Range (in Rs.)

Banking and Finance 3,00,000 - 6,00,000
Accounting 2,50,000 - 5,50,000
Auditing 2,50,000 - 5,50,000
Taxation 2,50,000 - 5,00,000
Corporate Finance 3,00,000 - 6,00,000
E-commerce 2,00,000 - 4,50,000
Retail 2,00,000 - 4,50,000
Consulting 3,00,000 - 6,00,000
Information Technology 2,50,000 - 5,50,000
Government 2,00,000 - 4,50,000
Education 1,80,000 - 4,00,000
Non-Profit 1,80,000 - 4,00,000
Real Estate 2,00,000 - 4,50,000
Manufacturing 2,00,000 - 4,50,000

These figures are intended to provide a general idea of salary ranges in different employment areas for B Com graduates. Keep in mind that salaries can vary widely based on the specific company, location, job responsibilities, and market conditions. It's recommended to research and gather the most up-to-date and accurate information for the specific sector you're interested in pursuing.

Government PayScale wise B Com Salary

Here's an approximate salary range for BCom graduates in various government pay scales in India. Government pay scales can vary based on factors such as the level of the position, years of service, and the specific department. The figures provided below are general estimates and can vary over time.

Government Pay Scale

Average Salary Range (in Rs.)

Pay Scale 1 20,000 - 50,000
Pay Scale 2 30,000 - 70,000
Pay Scale 3 40,000 - 80,000
Pay Scale 4 50,000 - 1,00,000
Pay Scale 5 60,000 - 1,50,000
Pay Scale 6 70,000 - 2,00,000

Please note that the figures provided above are approximate and can vary based on factors such as the specific government department, the level of the position, location, and any recent changes in pay scales or government policies. It's always a good idea to refer to official government sources or job postings for the most accurate and up-to-date information regarding government pay scales and salaries.

Qualification wise B Com Salary

Here's an approximate salary range for B.Com graduates in India based on their qualifications and additional certifications.

Qualification/ Certification

Average Salary Range (in Rs.)

B.Com (General) 2,00,000 - 4,50,000
B.Com (Honours) 2,50,000 - 5,00,000
B.Com + CA 5,00,000 - 10,00,000
B.Com + CS 4,00,000 - 8,00,000
B.Com + MBA 3,00,000 - 7,00,000
B.Com + CMA 4,00,000 - 9,00,000
B.Com + ACCA 4,00,000 - 8,00,000
B.Com + CFA 5,00,000 - 10,00,000
B.Com + LLB 3,00,000 - 6,00,000
B.Com + M.Com 2,50,000 - 5,50,000
B.Com + Diploma/ Certifications (e.g., GST, Tally) 2,00,000 - 4,50,000

Additionally, having additional qualifications and certifications can significantly impact the earning potential of B.Com graduates. It's advisable to research specific qualifications, industries, and job roles to obtain the most precise salary information.

Job Opportunities After B Com in India

After completing a B Com (Bachelor of Commerce) degree in India, there are various job opportunities available in different sectors. Below mentioned are some regular job roles that B.Com graduates can consider:

Accountant: B Com graduates often start their careers as accountants in various organizations, handling financial records, preparing budgets, and analyzing financial data.

Auditor: To verify accuracy and adherence to rules, auditors review financial documents. They work in accounting firms, corporations, or government agencies.

Tax Consultant: BCom graduates can work as tax consultants, helping individuals and businesses with tax planning, preparation, and compliance.

Financial Analyst: Financial analysts analyze financial data, market trends, and economic indicators to provide insights for investment decisions and financial planning.

Banking: B Com graduates can work in banks in roles like bank tellers, customer service representatives, or back-office operations.

Insurance: Insurance companies hire B Com graduates for roles such as insurance agents, underwriters, and claims processors.

E-commerce and Retail: Graduates can work in roles related to inventory management, supply chain, and finance in e-commerce and retail companies.

Corporate Finance: Opportunities exist in corporate finance departments for financial planning, budgeting, and analyzing investment opportunities.

Investment Banking: B Com graduates can work in investment banking, assisting with mergers and acquisitions, raising capital, and financial advisory services.

Management Trainee: Many companies have management trainee programs where B Com graduates can learn various aspects of business operations.

Human Resources (HR) Assistant: B Com graduates with strong organizational skills can work as HR assistants, handling payroll, employee records, and recruitment processes.

Data Entry Operator: Graduates can start their careers as data entry operators, entering and managing various data in companies.

Non-Profit Organizations: BCom graduates can work in NGOs and non-profit organizations in roles related to finance, fundraising, and project management.

Government Jobs: Opportunities exist in government sectors for BCom graduates in positions like accountants, clerks, and assistants.

Entrepreneurship: B.Com graduates can start their own businesses, leveraging their financial knowledge for business operations.

Education: Graduates can pursue a career in education by becoming commerce teachers or professors in schools and colleges.

Freelancing: B Com graduates with skills in areas like accounting, taxation, and financial analysis can offer their services as freelancers.

These are just a few examples of the many job opportunities available to BCom graduates in India. The specific path you choose will depend on your interests, skills, and the industries you're drawn to. It's also important to consider pursuing additional certifications or post-graduate studies to enhance your qualifications and increase your job prospects.

Jobs after B Com - Government and Private

Here are some examples of job opportunities for B.Com graduates in both government and private sectors in India:

Government Sector:

Accountant: Government departments and agencies often hire BCom graduates for accounting and financial management roles.

Tax Inspector: B Com graduates can work as tax inspectors, ensuring compliance with tax regulations and conducting audits.

Customs Officer: Graduates can work in customs departments, overseeing import and export duties and procedures.

Banking Clerk: B Com graduates can work as clerks in public sector banks, handling customer transactions and administrative tasks.

Central and State Government Jobs: Various central and state government departments offer positions such as clerks, data entry operators, and assistants.

Railway Jobs: Indian Railways hires B.Com graduates for roles in finance, administration, and ticketing.

Insurance Agent: Graduates can become licensed insurance agents for government-owned insurance companies.

Public Sector Undertakings (PSUs): PSUs often recruit B Com graduates for positions in finance, administration, and management.

Private Sector:

Accountant: BCom graduates are in demand in various industries, including private companies, where they handle financial records and reporting.

Financial Analyst: Private firms hire financial analysts to analyze financial data, market trends, and provide insights for investment decisions.

Auditor: Private companies and audit firms hire B Com graduates for internal and external auditing roles.

Banking and Finance: Private banks and financial institutions offer roles like relationship managers, financial advisors, and investment analysts.

E-commerce: E-commerce companies hire B Com graduates for finance and operations roles, including inventory management and supply chain.

Retail: B Com graduates can work in retail management, handling store operations, inventory, and customer service.

Consulting: Private consulting firms hire B.Com graduates for financial consulting, business analysis, and process improvement.

Corporate Finance: Graduates can work in corporate finance departments, handling budgeting, financial planning, and investment analysis.

IT and ITES: B Com graduates can work in finance and accounting roles within the IT and IT-enabled services sector.

Real Estate: Real estate companies hire B.Com graduates for roles related to property management, leasing, and sales.

Insurance: Private insurance companies offer positions such as insurance agents, underwriters, and claims processors.

Manufacturing: Manufacturing companies hire B Com graduates for finance and operations roles.

Hospitality and Tourism: B Com graduates can work in roles related to financial management, front office, and guest services.

Media and Entertainment: Graduates can work in finance and administration roles in media and entertainment companies.

Start-ups: B.Com graduates can find opportunities in finance and administration roles in start-up companies.

Remember that the availability of specific job roles can vary based on the industry, company size, location, and current market conditions. It's important to research and tailor your job search to industries and roles that align with your skills and career goals.

Top Recruiters for B Com

Here's the list of some of the top recruiters for B.Com graduates in a table format:

Industry/ Area

Top Recruiters

Banking and Financial Institutions SBI, RBI, ICICI Bank, HDFC Bank, Axis Bank, PNB, IDBI Bank
Accounting and Audit Firms Deloitte, PwC, EY, KPMG, Grant Thornton, BDO
IT and ITES Infosys, TCS, Wipro, Cognizant, Accenture, Genpact
E-commerce and Retail Amazon, Flipkart, Reliance Retail, Walmart, Future Group, Myntra
Consulting Firms McKinsey & Co., BCG, Bain & Company
Manufacturing Companies HUL, ITC, Tata Motors, L&T
Government Departments and PSUs Indian Railways, State PSCs, ONGC, BHEL
Insurance Companies LIC, ICICI Prudential, HDFC Life, Max Life
Pharmaceuticals Sun Pharma, Dr. Reddy's, Cipla
FMCG Companies HUL, P&G, Nestlé, ITC
Real Estate and Construction DLF, Sobha, Brigade Group
Non-Profit Organizations WHO, UNICEF, Oxfam, Save the Children
Telecommunications Bharti Airtel, Vodafone Idea, Reliance Jio

B Com Jobs Overview

Commerce stands out as one of India's most sought-after academic streams, attracting over 4 million students annually who opt for BCom (Bachelor of Commerce) programs. Recent data from Statista underscores a significant global surge in job opportunities for commerce graduates, with an anticipated growth rate of 43% projected for the year 2022.

BCom courses equip students with foundational knowledge spanning Finance, Accountancy, Economics, Banking, Taxation, and Business Law. Consequently, graduates possess the flexibility to pursue careers in any of these specialized domains. A plethora of avenues await BCom graduates, spanning commercial banks, insurance companies, non-banking financial entities, co-operatives, and more. It is noteworthy that the banking sector alone accounts for approximately 64% of the total assets within the Indian financial landscape.

In terms of remuneration, BCom graduates can anticipate earning an average salary ranging between INR 225,000 to 350,000. Renowned institutions like Delhi University orchestrate placement campaigns, enabling BCom students to secure enticing salary packages ranging from INR 600,000 to 900,000 per annum.

As part of their career progression strategy, graduates have the option to pursue postgraduate studies prior to embarking on their professional journey. This encompasses avenues such as M.Com (Master of Commerce) or MBA (Master of Business Administration), which serve as conduits to managerial positions within the financial sector.

Additionally, BCom graduates can further augment their qualifications through certification programs such as CFA (Chartered Financial Analyst), CS (Company Secretary), ACCA (Association of Chartered Certified Accountants), and more.

B Com Jobs Highlights

Here's a table highlighting some job opportunities for individuals with a Bachelor of Commerce (B Com) degree.

Job Title

Description

Skills Required

Industry

Accountant Prepare and maintain financial records, handle tax returns, analyze financial data, and ensure compliance with regulations. Financial accounting, tax knowledge, attention to detail, familiarity with accounting software Accounting/Finance
Financial Analyst Analyze financial data, create reports, make forecasts, and provide recommendations for investment decisions. Financial modeling, data analysis, strong analytical skills, knowledge of economic trends Finance/Investment
Auditor Review financial records and ensure accuracy, identify discrepancies, and provide recommendations for improving financial processes. Attention to detail, analytical skills, knowledge of auditing standards and regulations, communication skills Accounting/Finance
Tax Consultant Advise individuals and businesses on tax strategies, assist in tax planning, and ensure compliance with tax laws. Tax regulations, legal knowledge, analytical skills, problem-solving abilities, up-to-date knowledge of tax laws Tax Consulting
Business Analyst Analyze business processes, identify areas for improvement, gather requirements for projects, and help implement solutions. Data analysis, communication skills, business acumen, problem-solving abilities, familiarity with project management methodologies Business Consulting
Sales/Marketing Promote products or services, identify potential clients, develop marketing strategies, and achieve sales targets. Communication skills, market research, negotiation skills, understanding of consumer behavior Sales/Marketing
Human Resources Recruit and onboard employees, manage employee relations, administer benefits, and ensure compliance with labor laws. Communication skills, interpersonal skills, knowledge of labor laws, organizational skills, problem-solving abilities Human Resources
Supply Chain Manager Oversee the end-to-end supply chain process, manage logistics, optimize inventory, and ensure timely delivery of products. Supply chain management, logistics coordination, analytical skills, problem-solving abilities, attention to detail Supply Chain
Banking Handle customer transactions, provide financial advice, process loans, and offer various banking services. Financial knowledge, customer service skills, attention to detail, familiarity with banking procedures Banking/Finance
E-commerce Manager Manage online sales platforms, coordinate product listings, oversee digital marketing, and ensure smooth e-commerce operations. E-commerce platforms, digital marketing, data analysis, organizational skills, understanding of online consumer behavior E-commerce

Remember that specific job requirements can vary based on the company and industry, so it's essential to tailor your skills and experiences accordingly when applying for jobs.

Top B Com Job Profiles

Here are some of the top job profiles for individuals with a Bachelor of Commerce (B.Com) degree, along with details about each profile:

Accountant:

Description: Accountants manage financial records, ensure accuracy in financial transactions, prepare financial statements, and handle tax-related matters for individuals or organizations.

Skills Required: Financial accounting, attention to detail, knowledge of tax regulations, familiarity with accounting software, analytical skills.

Industry: Accounting/ Finance.

Financial Analyst:

Description: Financial analysts analyze financial data, create reports, assess investment opportunities, and provide recommendations to aid in making informed financial decisions.

Skills Required: Financial modeling, data analysis, research skills, strong analytical abilities, knowledge of market trends.

Industry: Finance/Investment.

Auditor:

Description: Auditors review financial records, identify discrepancies, ensure compliance with financial regulations, and recommend improvements to financial processes.

Skills Required: Attention to detail, analytical skills, understanding of auditing standards, communication abilities, knowledge of financial regulations.

Industry: Accounting/ Finance.

Tax Consultant:

Description: Tax consultants provide guidance on tax planning, help individuals or businesses optimize their tax strategies, and ensure compliance with tax laws.

Skills Required: Tax regulations, legal knowledge, problem-solving skills, analytical abilities, up-to-date knowledge of tax codes.

Industry: Tax Consulting.

Business Analyst:

Description: Business analysts analyze business processes, gather requirements for projects, identify areas for improvement, and help implement solutions to enhance efficiency.

Skills Required: Data analysis, communication skills, business acumen, problem-solving abilities, familiarity with project management methodologies.

Industry: Business Consulting.

Sales/ Marketing Executive:

Description: Sales and marketing professionals promote products or services, identify potential clients, develop marketing strategies, and work to achieve sales targets.

Skills Required: Communication skills, market research, negotiation abilities, understanding of consumer behavior, results-oriented mindset.

Industry: Sales/Marketing.

Human Resources (HR) Coordinator:

Description: HR coordinators manage employee relations, recruitment, benefits administration, and ensure compliance with labor laws within an organization.

Skills Required: Communication skills, interpersonal abilities, knowledge of labor laws, organizational skills, problem-solving capabilities.

Industry: Human Resources.

Supply Chain Manager:

Description: Supply chain managers oversee logistics, inventory management, and ensure the timely delivery of products, optimizing the end-to-end supply chain process.

Skills Required: Supply chain management, logistics coordination, analytical skills, problem-solving abilities, attention to detail.

Industry: Supply Chain.

Banking Officer:

Description: Banking officers handle customer transactions, provide financial advice, process loans, and offer various banking services to clients.

Skills Required: Financial knowledge, customer service skills, attention to detail, familiarity with banking procedures.

Industry: Banking/ Finance.

E-commerce Manager:

Description: E-commerce managers oversee online sales platforms, coordinate product listings, manage digital marketing, and ensure smooth e-commerce operations.

Skills Required: E-commerce platforms, digital marketing, data analysis, organizational skills, understanding of online consumer behavior.

Industry: E-commerce.

These are just a few examples of the many career opportunities available to individuals with a Bachelor of Commerce degree. Each job profile requires a unique skill set and offers distinct challenges and rewards. Remember to align your skills, interests, and career goals when choosing a job path.

Top Academic Courses To Pursue After B Com

Here are some of the top academic courses that you can pursue after completing your Bachelor of Commerce (B Com) degree:

Master of Commerce (M.Com): This is a natural progression for B.Com graduates, offering in-depth knowledge in areas like accounting, finance, taxation, and business management.

Master of Business Administration (MBA): An MBA program provides a broader understanding of business management, strategy, marketing, finance, and human resources. Specializations such as Finance, Marketing, Operations, and Entrepreneurship are available.

Chartered Accountancy (CA): If you're interested in accounting, auditing, and taxation, pursuing a CA qualification is a prestigious option. It involves rigorous training and examinations.

Certified Public Accountant (CPA): Similar to CA, CPA is an internationally recognized qualification for accounting professionals. It covers a wide range of accounting and finance topics.

Certified Management Accountant (CMA): CMA focuses on management accounting, financial planning, and analysis. It's suitable for those interested in financial decision-making within organizations.

Company Secretary (CS): CS professionals handle corporate governance, legal compliance, and administrative duties within a company. This course is suitable for those interested in corporate law and management.

Master of Finance (M.Fin): For those interested in specialized finance roles, MFin programs offer advanced training in areas like investment banking, risk management, and financial analysis.

Data Science and Analytics: In the era of big data, a course in data science or analytics can lead to roles involving data interpretation, business insights, and decision-making.

Digital Marketing: With the rise of online business, a course in digital marketing can provide skills in social media marketing, SEO, content creation, and online advertising.

Human Resource Management (HRM): If you're interested in managing people and organizational behavior, a course in HRM can lead to roles in recruitment, employee relations, and talent management.

Economics: Further studies in economics can lead to research, policy analysis, and consulting roles in both public and private sectors.

Law: Combining a B.Com with a law degree can open doors to careers in corporate law, tax law, or financial regulation.

International Business: This course is beneficial for those interested in global trade, international marketing, and cross-border business operations.

Supply Chain Management: With a focus on logistics, operations, and distribution, this course is relevant for careers in procurement and supply chain operations.

Entrepreneurship: For those aspiring to start their own business ventures, courses in entrepreneurship provide valuable insights into business planning, funding, and management.

Before making a decision, consider your interests, strengths, and long-term career goals. Research each course thoroughly, taking into account factors like duration, cost, and potential job opportunities.

Career Opportunities After B Com

Bachelor of Commerce (B Com) graduates are sought after by a wide range of industries due to their versatile skill set and knowledge in areas such as accounting, finance, business management, and economics. Here are some industries that commonly hire B.Com graduates:

Accounting and Auditing Firms: B.Com graduates often find opportunities in accounting firms where they can work as auditors, tax consultants, financial analysts, and bookkeepers.

Banking and Financial Services: Banks and financial institutions hire BCom graduates for roles in retail banking, corporate banking, investment banking, wealth management, and financial analysis.

Corporate Sector: Companies across various sectors hire B.Com graduates for positions in finance, accounts, payroll, administration, and compliance.

Retail Industry: B Com graduates can work in retail management, merchandising, inventory control, and procurement in the retail sector.

Consulting Firms: Management and financial consulting firms often hire BCom graduates for roles that involve business analysis, process improvement, and strategic planning.

Insurance Industry: Insurance companies offer roles in underwriting, claims management, risk assessment, and actuarial analysis.

E-commerce and Online Retail: With the growth of e-commerce, B Com graduates are needed for functions like digital marketing, sales analysis, and operations management.

Real Estate: B Com graduates can work in real estate agencies, property management, real estate development, and valuation.

Information Technology (IT): B Com graduates with skills in financial analysis and management are valued in IT companies for roles such as financial analysts, business analysts, and project managers.

Manufacturing and Production: B Com graduates can find positions in cost accounting, production planning, inventory management, and supply chain coordination within manufacturing companies.

Hospitality and Tourism: The hospitality industry offers opportunities in hotel management, event management, and tourism planning.

Telecommunications: B Com graduates with knowledge of finance and business operations can work in telecommunications companies in areas such as billing, revenue assurance, and financial planning.

Healthcare Industry: Healthcare organizations require B Com graduates for roles in healthcare management, medical billing, and healthcare administration.

Education Sector: BCom graduates can pursue roles in education administration, academic coordination, and financial management within educational institutions.

NGOs and Non-Profit Organizations: NGOs often require B.Com graduates for financial management, grant administration, and program coordination.

Government Sector: B.Com graduates can work in various government departments in roles related to finance, taxation, budgeting, and economic analysis.

Public Accounting Firms: Graduates can work as accountants, tax preparers, and financial advisors in public accounting firms.

Energy and Utilities: BCom graduates can find opportunities in energy companies for roles involving financial analysis, cost management, and regulatory compliance.

These are just a few examples, and the skills gained from a B.Com degree are applicable across a wide spectrum of industries. B Com graduates possess a strong foundation in business and finance, making them valuable assets to many different types of organizations.

Top Companies Hiring B Com Graduates

B.Com graduates are in demand by a variety of top companies across different industries. Here are some well-known companies that often hire B.Com graduates:

Deloitte: A multinational professional services firm that offers audit, consulting, financial advisory, risk management, and tax services.

PricewaterhouseCoopers (PwC): Another "Big Four" accounting firm providing auditing, tax advisory, and consulting services.

EY (Ernst & Young): One of the largest professional services firms globally, specializing in assurance, advisory, tax, and transactions services.

KPMG: One of the leading firms in audit, tax, and advisory services, offering a range of career opportunities for B.Com graduates.

IBM: A multinational technology company that hires B.Com graduates for financial analysis, business operations, and related roles.

Amazon: This global e-commerce and technology giant offers opportunities for B.Com graduates in areas such as finance, operations, and management.

Wipro: A significant Indian multinational organization that offers business process, consultancy, and information technology services.

Infosys: Another prominent Indian IT services company that offers various roles for B.Com graduates in finance, accounting, and business analysis.

Tata Consultancy Services (TCS): A multinational IT services and consulting company with a wide range of opportunities for B.Com graduates.

Accenture: A global professional services company offering consulting, strategy, technology, and operations services.

HDFC Bank: One of India's largest private sector banks that hires B.Com graduates for roles in banking, finance, and customer service.

ICICI Bank: Another major Indian multinational bank that offers a variety of roles for B.Com graduates, including banking operations, financial analysis, and relationship management.

Reliance Industries: An Indian conglomerate with interests in petrochemicals, refining, oil, retail, and telecommunications.

Aditya Birla Group: A multinational conglomerate with businesses spanning various sectors, including metals, cement, textiles, and telecommunications.

ITC Limited: A diversified Indian conglomerate with businesses in fast-moving consumer goods (FMCG), hotels, paper, and agri-business.

Larsen & Toubro (L&T): An Indian multinational conglomerate with interests in engineering, construction, manufacturing, and technology.

HCL Technologies: An IT services and consulting company that provides career opportunities for B.Com graduates in finance, administration, and management.

Capgemini: A global consulting and technology services company with roles for B.Com graduates in finance, consulting, and business analysis.

Featured College